Apple manufacturing partner Foxconn has acquired accessory and peripheral maker Belkin for $866 million, TechCrunch reports. The sale brings a lot of recognizable brands owned by Belkin under Foxconn’s umbrella, including Linksys, Wemo and Phyn in addition to Belkin’s own name. Belkin’s CEO and founder Chet Pipkin will stay on and operate the company “as a wholly owned subsidiary,” possibly also joining Foxconn Interconnect Technology’s management team at a later date.
Dan Pye was a news editor at iLounge. He's been involved with technology his whole life, and started writing about it in 2009. He's written about everything from iPhone and iPad cases to Apple TV accessories.